St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-01
The COMMERCIAL RECORD.
The Markets on the Chicago Board ct
Trade Opened Steady Yester-
49, day Morning.
Selling at Times Was Very Heavy,
But There Was a Firm
Undertone.
Transactions in the Financial Circles of
Wall Street General
Quotations.
Snecial 10 the Globe

Speclal 10 the OlOOe.
CHICAGO, Oct, 31.-The grain markets
opened quietly, wheat started off ls@hc
lower than il closed Saturday There was
manifest desire 10 await the visible supply
figures before assuming fresh risks. But
meanwhile, many who were long on property
taken on the bulge quietly unloaded- Offer
ings were principally in May which sold
down lac within half hour. There was no
sensational individual trading. and, as usual,
the character of the market was narrow ana
local Corn opened lac off, but hardened I'M
mediately and values established themselves
on a somewhat higher range. The near by
months were firmer. Provisions had soft
opening, but after the initial trading period
of inactivity supervened. The underloEe OF
the wheat market was weak, but values were
strongly propped at. the decline of 4Q&c
from Saturday closings. The crowd leaned
10 the bull side of the market, but realizing
on q moderate scale and very cautious
short selling in small way put
prices down to 1850 for November,
and 7S5sGI 7S34c for May. Then the decline
stopped. and when the visible supply in
crease of nearly !, 100000 bushels was an
nounced. which was in excess of the esti-
mates, the market moved upinstead of down.
This fact was accepted as proof of the tip
previously circulated that the New York
Chicago bull pool had not hquidated. The
market advanced 10 within ls6JAc of the top,
and closed firm OH The surface At O'Clock.
Hutchinson was given The credit of selling
good deal of corn, but the cash demand was
sufficiently active TO sustain The
market and prevent more than
mere nominal decline. During the morning
the price remained within limits OF Is
@4c The local market was unusually fea-
tureless viewed as. a whole, as compared
with Saturday Neither wheat nor corn
showed much change iii prices at the
O'Clock close. The packers are not doing
anything in provisions worth m entioning
but their influence is bearish for effect on the
hog market The DAYS fluctuations were
narrow. october pork closed at zoe advance
on the inside figures of the day. Lake en-
gagements were reported for l24 600 bu of
wheat and 1863, 900 bu ofcorn. Estimated re-
ceipls for tomorrow: Wheat, 100 cars; corn,
4lO cars; oats. $50 cars; hogs, 10000 head.
THE ROUTINE REPORT.
CHICAGo Oct. 3l.-The market on Change
opened steady this morning, with no new
features apparent. During the earlier part of
the session there was disposition to wait
and see what changes the visible supply
Statement would show December wheat
opened at 73lsc and dropped back to 127s
G13G. The undertone to the wheat market
was reasonably firm, but the market was
kept down TO 73c by the estimates of over
i 900, 600 bu increase in the visible supply
As the session progressed the selling at times
was very heavy and had there not been firm
UNDERGONE there would have been decline
of more than i4c- The visible supply as an
nonheed showed an increase of ,543, 600
Blu, but as these figures had already been
largely discounted, they had but little effect
on the values December closing at 727Sc.
Receipts ut primary points continue large.
Corn.was traded in onlyl moderately today,
the market ruling rather quiet, with the feel
ing easier. The market -sympathized with
wheat to some extent. There was consider
able changing Of November 10 May al 4
premium of 4c. The market opened Is@Hc
lower f1uctuated within n &c range, and
closed IAG1I2c lower than Saturday. with May
at 445sc and November at 4llsC. Oats were
weaker for cash and near futuIeS, and steady
for the more deferred deliveries. Prices were
about the same as on Saturday. The arrivals
were more LIBERAL while the shipping orders
were only fair. Provisions were only mod
erately traded in to-day and the feeling was
dull. Trading conferred largely in the de-
ferred deliveries or those which required
new product. Transactions showed further
reduction i'll prices for the leading articles
The receipts of products continue light and
the shipments liberal January mess pork
opened at Si2.40, sold at 81. 32l261l2. 40
and closed at the latter figure. january lard
sold al SIS 30. January short ribs opened at
S6.27l2. sold at S625l2, closing al the lattes
figure.
THE QUOTATIONS.
TIE leading futures ranged as follows:
Wheat-No. y, October TlSBc, closing at
7lssc; November, 71ssc, closing at 7Issc;
December. 73Isc. closing at 127sc; May, 79c,
closing at 7Ss4c. Corn-No. ., October 4lIsc
closing at lie: November, 4lIsc, closing at
ale; December, 4lc, closing at 4OIsc: May,
45e, closing at 445Sc. Oats-Ro. 2, October,
254c. closing at 254c; November, 25I2c,
closing at % &c; December, 25ssc, closing at
255sc; May. 29i2c, closing al 29tsc. Mess
pork, per Dbl, January, Sl0.40, closing at
2.40; February, S12 AN, closing at $3.50.
Lard per 100 lbs, October, S6.25, closing at
So %; November. ST. 22I2, closing at ST 90;
January. ST. 30 closing at So 80; May, $3.50,
closing at SG.57l2. Short ribs, per 100 lbs,
October, S6.31l2, closing al $3.50;
January, S6.27l2, closing at S6.27I2.
Cash quotations were as follows: Flour
ruled quiet with prices steady; rye flour was
in fair demand No. 2 spring wheat 7ll261
7lsse; No. 3 spring wheat65c; No. 2 red, re.
Corn-No 9, I1Iac. Oats--No. 2. 25Ac. Rye
No. ., 51l2c. Barley-No. 2, Tic. Flax
Seed-No. 1, S1.10. Prime timothy seed.
per 100 lbs ST. 25@6. 80. Short rib sides,
6oosel. $3.50. Dry saIted shoulders (boxed),
$565 20 Short clear sides (boxed), So 500
$50. Whisky, distillers' finished goods, per
gal SIlO Sugars, cut loaf. z; granuated,
6I2c: standard "A" Csc. Receipts-Flour,
81 900 Sbls; wheat, $4,000 bu; corn, 1917
600 bu; cats, 142, 600 bu; rye, 5000 bu; bar
lev, $1,000 bu. Shipments-Flour, $4,000
bbls wheat, 2I1, 600 bu: corn, $50, 900 bu;
oats, $50, 600 bu; rye, LOCO; barley, 81, 900
bu On the produce exchange to-day the
butter market was steady; creamery, 1Sl20
Zoe; dairy. 16@22c. Eggs, fresh, 17l2c.